Extend Richmond Grown cannabis facility lease from 20 to 55 years
In Plain English
The city leases a vacant 140,000 square foot historic warehouse to Richmond Grown for cannabis processing and manufacturing. The company pays $240,000 annual rent plus generates over $2 million in cannabis tax revenue. If approved, the lease extends to 2077 and allows cannabis cultivation on site.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
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